TEKX aims to provide investors exposure to a concentrated portfolio of technology-related companies. Unlike broad-based technology ETFs, TEKX focuses on a very select group of firms, as evidenced by its limited number of holdings. The fund's strategy involves identifying and investing in companies that are expected to benefit from technological advancements and infrastructure development. The ETF's top holdings, such as Riot Platforms Inc and Core Scientific Inc, suggest a focus on companies involved in cryptocurrency and blockchain technologies. Furthermore, holdings like Vertiv Holdings Co and Hubbell Inc indicate exposure to infrastructure supporting technological advancements. This concentrated approach differentiates TEKX from more diversified technology ETFs, potentially leading to higher returns but also greater risk. Past performance does not guarantee future results.
TEKX (TEKX) ETF Analysis
TEKX is a highly concentrated ETF focusing on companies involved in technology and infrastructure. With a portfolio of only 9 holdings, the fund's top allocations include Riot Platforms Inc (13.70%) and Core Scientific Inc Ordinary Shares - New (10.27%). TEKX presents a concentrated bet on a specific segment of the technology sector, potentially offering high growth but also increased volatility. Past performance does not guarantee future results.
TEKX (TEKX) ETF — Price, Holdings & Analysis
TEKX is a highly concentrated ETF focusing on companies involved in technology and infrastructure. With a portfolio of only 9 holdings, the fund's top allocations include Riot Platforms Inc (13.70%) and Core Scientific Inc Ordinary Shares - New (10.27%). TEKX presents a concentrated bet on a specific segment of the technology sector, potentially offering high growth but also increased volatility. Past performance does not guarantee future results.
ETF Overview
Risk Metrics
TEKX carries a high level of concentration risk due to its limited number of holdings. The top two holdings alone, Riot Platforms Inc and Core Scientific Inc, account for nearly 24% of the fund's total assets, meaning the fund's performance is heavily reliant on the success of these individual companies. The fund's focus on technology and infrastructure also exposes it to sector-specific risks, such as rapid technological changes and regulatory uncertainties. With a beta of 0.00, TEKX exhibits no correlation to the market. Investors should carefully consider their risk tolerance and investment objectives before investing in TEKX. Past performance does not guarantee future results.
Top Holdings
- Riot Platforms Inc (RIOT): 13.70%
- Core Scientific Inc Ordinary Shares - New (CORZ): 10.27%
- Cipher Digital Inc (CIFR): 6.42%
- Bitfarms Ltd (BITF.TO): 4.80%
- Cleanspark Inc (CLSK): 4.62%
- Vertiv Holdings Co Class A (VRT): 4.27%
- Freeport-McMoRan Inc (FCX): 3.56%
- Datadog Inc Class A (DDOG): 3.51%
- Hubbell Inc (HUBB): 3.43%
Dividend Yield
0.00%
Risk Metrics
- Beta: 0.00
Questions & Answers
What is TEKX and what does it track?
TEKX is an ETF that focuses on providing exposure to a concentrated portfolio of technology and infrastructure companies. The fund's strategy involves selecting a small number of companies that are expected to benefit from technological advancements and infrastructure development. With only 9 holdings, TEKX offers a targeted approach to investing in the technology sector. The ETF's top holdings include companies like Riot Platforms Inc and Core Scientific Inc, indicating a focus on cryptocurrency and blockchain technologies. Past performance does not guarantee future results.
What is the expense ratio for TEKX?
The expense ratio for TEKX is not available in the provided data. However, it is important for investors to consider the expense ratio of an ETF, as it can impact overall returns. The expense ratio represents the annual cost of operating the fund, expressed as a percentage of the fund's assets. Investors should compare the expense ratio of TEKX to similar ETFs to assess its cost-effectiveness.
What are the top holdings in TEKX?
The top holdings in TEKX are: Riot Platforms Inc (13.70%), Core Scientific Inc Ordinary Shares - New (10.27%), Cipher Digital Inc (6.42%), Bitfarms Ltd (4.80%), and Cleanspark Inc (4.62%). These top holdings represent a significant portion of the fund's total assets, indicating a concentrated investment strategy. The fund's performance is heavily influenced by the performance of these individual companies. Past performance does not guarantee future results.
Is TEKX a good long-term investment?
Whether TEKX is a suitable long-term investment depends on an individual investor's risk tolerance, investment objectives, and time horizon. TEKX's concentrated portfolio and focus on the technology sector may offer the potential for high growth, but also exposes investors to increased volatility and sector-specific risks. Investors should carefully consider the fund's investment strategy, risk profile, and historical performance before making a decision. Past performance does not guarantee future results.
How does TEKX compare to similar ETFs?
TEKX differentiates itself through its highly concentrated portfolio of only 9 holdings, focusing on a narrow segment of the technology sector. This contrasts with broader technology ETFs that hold a larger number of stocks across various sub-sectors. While the expense ratio isn't available, comparing it to other technology ETFs is crucial. TEKX's concentrated strategy may lead to higher potential returns but also greater risk compared to more diversified ETFs. Past performance does not guarantee future results.
Does TEKX pay dividends?
According to the provided data, TEKX has a dividend yield of 0.00%. This indicates that the fund does not currently distribute any dividends to its shareholders. Investors seeking income-generating investments may want to consider other ETFs with a higher dividend yield. However, it's important to note that dividend payments can vary over time and are not guaranteed. Past performance does not guarantee future results.